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October 23, 2020

Fort Lauderdale Real Estate and Power Lines

Ft Lauderdale Real Estate and the look of area of  South Florida Neighborhoods will benefit from cities burying distribution power lines.  Currently only one third of FPL’s distribution lines are buried. However FPL is offering to pay up to 25% of the cost to bury lines for qualified neighborhoods.  Buried power lines can be attractive to buyers looking to purchase Ft Lauderdale Real Estate.

Ft Lauderdale Homes and Ft Lauderdale Condos in four neighborhoods may soon have buried power lines.  Idlewyld, Riviera, Seven Isles and Las Olas Isles, have applied to buyer power lines.  Seventy percent of the property owners must agree to pay the costs.

Nine cities near Ft Lauderdale have agreements with FPL to pursue burying power lines, including Coconut Creek, Hollywood and Plantation.  Contact Eric Miller and Associates for more news effecting Fort Lauderdale Real Estate and discuss why  it is a great time to purchase a Fort Lauderdale Home or Condo.

Fort Lauderdale Condominium Foreclosure

Coming soon – Within a few days Eric Miller will be placing on the market a two bedroom, two bath condominium at the Isles of CorIsles of Coral Ridgeal Ridge 1400 NE 56th Street, please feel free to drive by. This small condominium developement was a condo conversion at the peak of the Fort Lauderdale real estate market and therefore has seen numerous foreclosurers and short sales. This too shall pass, and at todays Fort Laudedale Real Estate prices if your looking for a distressed property that overtime may have a brighter future, this may be the perfect condo for you. This two bedroom/2 bath unit will be priced under $50,000 and because financing will be difficult we are looking for cah buyers on this property. Seeking a free list of South Florida forclosed properties, we can set you up on a search or you can do it yourself by visiting, FortLauderdaleGroup.com, Foreclosures.